Mon.Sep 04, 2023

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. The freight market is mercurial. It can move quickly from a situation where there is too much capacity in the market and buyers having the whip hand, to a situation where shippers are begging carriers to take their loads at almost any price.

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How analytics embedded in your ERP system can enable different manufacturing roles

SYSPRO Smarter ERP

As data becomes a critical resource in modern organizations, business users are clamoring for tools to ease access to data for reporting and dashboards. However, the race for greater access to data-driven decision-making tools has created a challenge of managing and delivering data to users in tools that they can effectively use in their day-to-day lives.

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Niger Coup Heightens Worries Over France’s Uranium Reliance

All Things Supply Chain

In the Sahel region of Africa, political instability and corruption has run rife since decolonisation from European nations. Arbitrary borders were drawn without the consideration of who they will affect.

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Logistics Service Providers (LSP): 3PL vs 4PL vs 5PL

SCMDOJO

“The line between disorder and order lies in logistics…” (Tzu, 496 B.C). Accordingly, if organizations want to succeed and grow in the long-term, they need to cooperate, organize, and manage their logistics very wisely and mitigate its problems and risks simultaneously. In this effort, Logistics Service Providers (LSPs) are essential because they provide a variety of supply chain management solutions that simplify warehouse operations, order processing, and transportation.

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Speeding Robotics Automation with AI

The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

I’ll start this post off with a straightforward question. Have you conducted a cost-to-serve (CTS) analysis for your enterprise? If you can answer with a “Yes”, I applaud you. If you can only say “No”, I will not be surprised, because many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories.

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Watch: On the Journey to the Autonomous Supply Chain

Supply Chain Brain

Nitin Jayakrishnan, co-founder and chief executive officer of Pando, discusses how businesses can embrace new technology to meet the challenges of today.

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Five Foolproof Ways to Shorten the Cash Conversion Cycle

Precoro

According to The J.P. Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. But how can companies unlock this capital? The answer lies in their cash conversion cycles. By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory.

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Traceability: Meet your food before your first bite!

Global Trade Management

Traceability is a digital solution that enables companies to effectively track their products from origin to consumer by utilizing digital markers for identification. Various traceability solutions exist, including Digital Traceability, Laboratory Traceability, and Mapping Traceability. With the growth of the market for high-quality food products, the importance of traceability and origin verification has increased significantly.

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Company business phone system for SMBs

IT Supply Chain

By Richard Pearson (pictured) Content Writer The post Company business phone system for SMBs appeared first on IT Supply Chain.

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Supply Chain Resilience Checklist

Strengthen your operations with the Supply Chain Resilience Checklist. This practical, easy-to-use tool helps your organization prepare for disruptions and ensure long-term continuity in an unpredictable world. Why Download: Identify and assess critical supply chain risks Ask the right questions to evaluate vendor preparedness Implement effective strategies to reduce vulnerabilities Improve communication, transparency, and coordination across your network What You’ll Learn: How to evaluate and m

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Supply Chain Matters Labor Day Salute

Supply Chain Matters

On this Labor Day holiday, the Supply Chain Matters blog extends our salute and recognition to the many supply chain workers who plan, procure, coordinate, and directly support the movement of multi-industry components and finished products to respective markets and to businesses and consumers. September 4 marks the celebration of the Labor Day holiday in both the United States and Canada.

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Navigating the Waves: The Unsung Heroes of the Maritime Industry – The Tug Boats

IT Supply Chain

By Mike Bronson (pictured) Content Writer The post Navigating the Waves: The Unsung Heroes of the Maritime Industry – The Tug Boats appeared first on IT Supply Chain.

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Supply Chain News on US PMI Shows US Manufacturing Declined for the 10th Straight Month in July

Supply Chain Digest

Nearly all Measures again Show Contraction

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U.S. Offering $12B to Automakers and Suppliers for Advanced Vehicles

Supply Chain Brain

About $2 billion in grants for advanced vehicles will come from the Inflation Reduction Act while another $10 billion will be provided by the Energy Department’s Loans Program Office.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Six Package Sorting Mistakes That Impact Your On-Time Delivery Rates

Locus

Imagine your name is Katie Wilson. One fine morning, you received the order with a different name, Katie Richardson, and address. Say the same thing happens to Katie Richardson, too. Isn’t it frustrating? These troubles occur as a result of sorting mistakes in the warehouse. Every sorting mistake that gets committed leads to a fall in on-time delivery rates , resulting in the company losing more dollars from its pocket.

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Spanish Food Industry Group Makes Plea for Water as Drought Threatens Crops

Supply Chain Brain

The government should develop new water interconnections and transfers between basins and invest in expanding and modernizing water storage as well as irrigation infrastructure, Fiab said in the statement.

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Carving a path forward for more integrated healthcare systems

Axway

In part two of this series, we discussed how healthcare interoperability mandates can be used as an opportunity to modernize, scale, and create value.

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Unlocking the AI Advantage: How SMBs Can Compete in E-Commerce With Enterprise-Level Solutions

Supply Chain Brain

SMBs can use cloud-based AI solutions with affordable and scalable capabilities, allowing smaller businesses to capitalize on AI algorithms without large upfront investments.

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From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter

Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage

This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.

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Labor Day 2023

Enterra Insights

Civilization has always moved forward on the backs of laborers (i.e., the people who actually do the work that makes society function). From the great manmade wonders of the ancient world to the amazing technologies that have revealed the wonders of the universe, human labor has played a vital role. The staff at the Khan Academy notes, “About 12,000 years ago, human communities started to function very differently than in the past.

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Safeguarding Against Cyberattacks With Zero Trust Architecture

Supply Chain Brain

Cyberattacks are posing a significant risk to critical infrastructure such as electricity, water supply, transportation systems and healthcare facilities.